Nelnet, Inc. (NNI) Earnings History
Annual and quarterly earnings data from 2002 to 2025
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EPS Growth Rates (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | - | - | 32.4% |
| 2024 | 60.2% | 12.4% | 10.0% |
| 2023 | 53.0% | 3.8% | 5.0% |
| 2022 | 74.4% | 27.6% | 22.4% |
| 2021 | 88.4% | 35.4% | 27.7% |
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Nelnet, Inc. (NNI) Earnings Overview
As of February 28, 2026, Nelnet, Inc. (NNI) reported trailing twelve-month net income of $428M, reflecting -1.0% year-over-year growth. The company earned $11.79 per diluted share over the past four quarters, with a net profit margin of 0.3%.
Looking at the long-term picture, NNI's historical earnings data spans multiple years. The company achieved its highest annual net income of $407M in fiscal 2022.
Nelnet, Inc. maintains positive profitability with, and net margin of 0.3%. The company continues to generate positive earnings from operations. View revenue history →
Compared to industry peers including SOFI ($640M net income, 0.1% margin), JSM (-$50M net income, 0.0% margin), SLM ($623M net income, 0.2% margin), NNI has outperformed on profitability metrics. Compare NNI vs SOFI →
Peer Comparison
Earnings metrics vs industry competitors
Historical Data
24 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $266M | +44.7% | $0 | $0.00 | 32.4% | - |
| 2024 | $184M | +104.9% | $229M | $5.02 | 10.0% | 12.4% |
| 2023 | $90M | -77.9% | $69M | $2.39 | 5.0% | 3.8% |
| 2022 | $407M | +3.5% | $502M | $10.63 | 22.4% | 27.6% |
| 2021 | $393M | +11.6% | $502M | $10.20 | 27.7% | 35.4% |
| 2020 | $352M | +148.5% | $450M | $9.02 | 25.7% | 32.8% |
| 2019 | $142M | -37.8% | $177M | $3.54 | 8.5% | 10.5% |
| 2018 | $228M | +31.6% | $286M | $5.57 | 13.6% | 17.0% |
| 2017 | $173M | -32.6% | $227M | $4.14 | 14.7% | 19.2% |
| 2016 | $257M | -4.2% | $399M | $6.02 | 21.5% | 33.4% |
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Start ComparisonFrequently Asked Questions
Is NNI growing earnings?
NNI EPS of $11.79 reflects slowing growth at -1.0%, below the 5-year CAGR of N/A. TTM net income is $428M. Expansion rate has moderated.
What are NNI's profit margins?
Nelnet, Inc. net margin is +0.3%, with operating margin at N/A. Below-average margins reflect competitive or cost pressures.
How consistent are NNI's earnings?
NNI earnings data spans 2002-2025. The current earnings trend is -1.0% YoY. Historical data enables comparison across business cycles.